Looking for a buyer.
This telecommunications site and tower management business handles both maintenance and new site tower erection services with maintenance making up 80% of their services. Not only is this business in the final stages of signing with AT&T as an active client to begin work by the end of 2022, they are also actively working towards a partnership with Verizon. This is why they are looking for a sales minded buyer with a strong focus on strategic growth. Their full scope of services includes merging networks and overlaying technology into existing structures, tower erection, site/tower inspections, electrical services, raw land construction, and compound maintenance and repairs. Located in Mesquite, TX, this business operates out of a 6,000 sq. ft. location and currently services 100% commercial clients. Their current team is made up of 18 skilled employees including 2 project managers, 2 construction managers, 3 crew supervisors along with 3 crews of 3 people, 1 AR manager, 1 bookkeeper, and 1 CPA. This skilled team is able to service the northern and western areas of Texas, as well as, some work in Oklahoma and Louisiana. The purchase of this business includes $800,000 worth of assets. The current owner handles general oversight and money management, including approving large purchases and payroll, he works roughly 25 hours per week and is mentoring a VP and up and coming Operations Manager. Some of his responsibilities could be absorbed by current AR manager. The seller has offered a 1-2-year training/transition period to ensure this process is as smooth as possible for all involved. New ownership could expand the geographic service area by beginning to send dedicated teams nationwide for intra-state contracts as a route for growth. Priced at $4,025,000 this telecom company is ready for new ownership to step in and continue the excellent reputation that has been curated since###-###-#### The current owner is invested in the future success of this business and to illustrate this point, has offered 10% of seller financing and 10% equity roll if the buyer desires, this is twice as much as the standard offer. With a long-standing and established client base and pipeline, as well as an excellent and skilled staff, this business is primed to offer new ownership the opportunity for continual ongoing success and reliable income.

listing type
exclusive representation
industry
Technology
location
Mesquite, TX, USA
revenue
$5,485,800
ebitda
$944,820
proposed price
$4,025,000
owner financing
$805,000
working capital
$160,061
equipment
$631,991
collateral
Equipment
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